Technical Analysis for GASL - Direxion Daily Natural Gas Related Bull 3X Shares

Grade Last Price % Change Price Change
grade F 6.04 -9.04% -0.60
GASL closed down 9.04 percent on Friday, October 18, 2019, on 2.7 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical GASL trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
New 52 Week Low Weakness 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -9.04%
Wide Bands Range Expansion -9.04%
Oversold Stochastic Weakness -9.04%
Inside Day Range Contraction -8.62%
Wide Bands Range Expansion -8.62%

Older signals for GASL ...

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
The investment seeks daily investment results, net of expenses, of 300% of the performance of the ISE-REVERE Natural Gas IndexTM. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the ISE-Revere Natural Gas IndexTM ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is composed of equity securities of issuers involved in the exploration and production of natural gas. The fund is non-diversified.
Exchange Traded Funds Institutional Investors Natural Gas
Is GASL a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 92.55
52 Week Low 6.04
Average Volume 1,163,708
200-Day Moving Average 24.9449
50-Day Moving Average 9.2686
20-Day Moving Average 7.9465
10-Day Moving Average 6.707
Average True Range 0.8797
ADX 23.31
+DI 17.7269
-DI 33.3472
Chandelier Exit (Long, 3 ATRs ) 10.2709
Chandelier Exit (Short, 3 ATRs ) 8.6791
Upper Bollinger Band 11.0922
Lower Bollinger Band 4.8008
Percent B (%b) 0.2
BandWidth 79.171962
MACD Line -1.1277
MACD Signal Line -1.0507
MACD Histogram -0.077
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.23
Resistance 3 (R3) 7.36 7.09 7.03
Resistance 2 (R2) 7.09 6.79 7.03 6.96
Resistance 1 (R1) 6.57 6.61 6.44 6.44 6.90
Pivot Point 6.30 6.30 6.24 6.24 6.30
Support 1 (S1) 5.78 6.00 5.65 5.65 5.18
Support 2 (S2) 5.51 5.82 5.45 5.12
Support 3 (S3) 4.99 5.51 5.05
Support 4 (S4) 4.86